With an overall all increase of about 2.78% the textile exports in July reached to 1.006 bn dollars in the first month of the current fiscal year. During July 2017 the textile exports were recorded at $ 1006.639 million against the exports of $979.414 million in the same month, last year. This data is based on the information produced by the Pakistan bureau of Statistics.
With the continuous growth of textile sectors including cotton yarn, the exports grew by 6.3% by going up from $102.565 million in July 2016 to $109.025 million in July 2017.
The exports of bed wear increased to $170.443 million, showing increase of 0.57 percent while the exports of tents, canvas and tarpaulin increased by 25.76 percent by going up from $3.839 million to $4.828 million. Also there had been increase of 340 percent in the exports of art, silk and synthetic textiles, which grew from just $5.339 million in July 2016 to $23.514 million in July 2017.
The exports of made-up articles, other than towels, increased by 4.05 percent by going up from $46.510 to $48.395 during the month under review. At the same moment the textile products witnessed negative growth by about 69.88% by failing from $3.274 million in July last year.
The cotton exports also decreased from $173.638 to $160.228 and showed a decrease of 7.72%. The exports of yarn also decreased by 33.84%, from $1.634 million last year to $1.081 million in July 2017.
The decrease in knitwear exports was 5.8% from $205.685 million to $193.749 million, towels by 13.01 percent, from $58.958 million to $51.288 million while exports of other textile materials decreased by 4.71 percent by going down from $32.091 million in July 2016 to $30.581 million in July 2017.
Pakistan exported goods worth $1.631 billion in July 2017 compared to the exports of $1.475 billion in July 2016, showing upward growth of 10.58 percent. The imports during the first month of the current fiscal year (July 2017) increased by 36.74 percent compared to July 2016.
